PPP Loan information for Progressive metal manufacturing company

$2,033,382

Progressive metal manufacturing company was initially approved for PPP Loan of amount $2,033,382, the current approved amount is $2,033,382. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 125 jobs and $2,033,382 was used to fund payroll.

Progressive metal manufacturing company is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Progressive metal manufacturing company

PROGRESSIVE METAL MANUFACTURING COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESSIVE METAL MANUFACTURING COMPANY

Borrower Address

3100 E 10 Mile Rd 0.0

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-3713

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2033382.00

Current Approval Amount

2033382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-3713

CD

MI-10

Jobs Reported

125

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

1755382.00

Mortgage Interest Proceed

0.00

Rent Proceed

97000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

95000.00

Debt Interest Proceed

26000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2059674.76

Forgiveness Date

07/30/2021

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